Aug. 17 at 1:33 PM
📊
$ALLR beats Q2 EPS estimates as stenoparib moves closer to pivotal development
Allarity reported a narrower-than-expected Q2 loss while making further progress with its lead cancer candidate, stenoparib.
Key takeaways:
• EPS: Loss of
$0.21/share, beating the
$0.25 Zacks Consensus Estimate
• Q2 net loss narrowed to
$3.4M from
$4.2M in the year-ago quarter
• Allarity completed its Phase 3-ready stenoparib manufacturing campaign
• A key U.S. patent protects stenoparib use with its DRP® companion diagnostic into 2042
• The company ended Q2 with
$26.9M in cash and restricted cash
Price target breakdown here 👇
https://www.zacks.com/stock/research/ALLR/price-target-stock-forecast?cid=sm-stocktwits-0-price_target-teaser-39270&ADID=SYND_STOCKTWITS_TWEET_0_PRICETARGET_TEASER_39270